BTC: Summary of discussions in the CoinAnk Chinese discussion group (02:00:05 ~ 03:00:05)

[Analysis Material Extraction] The spot price of BTC is $87,943.6, and the contract price is $87,920, indicating that the spot and contract prices are basically consistent, and the market price stability is good. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window] The BTC price has increased by 0.57% in the past hour and 1.13% in the past four hours, showing a moderate upward trend in the short term, with market sentiment leaning towards bullishness. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window] The BTC contract funding rate is 0.0062%, indicating that the funding cost for long positions is low, which may support the willingness of long positions to continue holding or add to their positions. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window] The long/short position ratio is 2.1867, indicating that the number of long participants significantly exceeds the number of short participants, suggesting that retail and institutional investors tend to be bullish on BTC. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window] The total 24-hour trading volume reached 57.475 billion yuan, indicating high trading activity, good liquidity, and active short-term speculation. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window] The total open interest across the entire network is 42.815 billion yuan, with an hourly increase of 0.75%, indicating stronger short-term buying interest. However, 24-hour open interest decreased by 2.64%, suggesting that some funds exited or adjusted their positions during intraday fluctuations. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window] BTC's market capitalization is $1,755.124 billion, accounting for 59.01% of the overall crypto market capitalization. This slight decrease of 0.07% suggests that BTC's dominant position in the overall market remains solid but is experiencing slight fluctuations. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window] The circulating supply of BTC is 20 million, maintaining a stable supply. The number of coins in circulation in the market has not changed significantly, which is conducive to price stability. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window] BTC belongs to the Layer-1 and RWA (Real Estate Investment and Development) sectors. Market narratives focus on its dual value as a base chain and an asset collateralization platform. [src: @CoinAnk Chinese Discussion Group, 2025-12-24 02:54:36/#1557140; ref: window]